According to nationalmortgagenews.com the average weekly rate for a 30-year mortgage is two basis points under 4.5 percent, making it just above one percent higher than one year ago. For a 15 year mortgage, the average rate is two basis points above 3.5 percent, making the mortgage rate just under one percent higher than a year ago. A five-year Treasury-indexed adjustable-rate-mortgage (ARM) is 30 basis points higher than one year ago, and a one-year Treasury ARM is exactly where it was a year ago, as Freddie Mac informs MHProNews.

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